At the beginning of the financial year, inventory was valued at $\$ 15000$. During the year, sales of $\$ 21000$ and purchases of $\$ 18000$ were made. Unfortunately, all inventory was stolen on the last day of the financial year.
Goods are marked up by 50% to calculate selling price.
What is the cost of the stolen inventory?
1 )
$\$ 7500{\text{ }}$
2 )
$\$ 11000$
$\$ 19000$
4 )
$\$ 22500{\text{ }}$
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